Lived diversity and equal opportunity
As a signatory to the Diversity Charter, Rentenbank is publicly committed to genuine diversity in the workplace. All employees are valued regardless of social background, ethnicity, gender, religion, worldview, disabilities, age, family status, or sexual identity.
International Women’s Day and Diversity Day
On the occasion of the 114th International Women’s Day, our Gender Equality Officers treated employees to an inspirational presentation entitled “Why Noah, not Nora Built the Ark”. The presentation given by a female expert in gender equality matters provoked lively discussion. A subsequent get-together gave all the participants an opportunity to informally discuss issues related to gender equality and work-life balance
In May of last year, Rentenbank again participated in the German Diversity Day. Highlights included a presentation by the Managing Director of the Frankfurt Dialogue Museum entitled “Diversity and Inclusion – A Culture by Everyone, for Everyone”. The presentation provided valuable insights into the question of how to actively create an inclusive corporate culture.
Gender equality
The equality of women and men – also in terms of compensation – is an important element of personnel policy at Rentenbank. The Gender Equality Officer and her deputy are actively consulted on all relevant decision processes, including appointments to open positions.
Gender Equality Plan and compatibility of family, caretaking, and work
The Gender Equality Plan, which is available to all employees, contains concrete measures to promote the equality of women and men and enhance family friendliness and the compatibility of family, caretaking, and work. These measures include flexible work schedules and part-time models, allowances to defray childcare costs at designated day-care centres in Frankfurt, and the counselling services of a family services agency. Furthermore, the “Employment Agreement on Mobile Working” enables employees to work on a mobile basis in Germany for up to 40% of their weekly work hours. A higher percentage can also be agreed with the supervisor.
Rentenbank works together with an agency that connects staff members with qualified, certified, and insured caretakers for children and older family members in need of nursing care via an online portal. All staff members are entitled to use this portal to find caretakers in their neighbourhoods and build a network of reliable caretakers.
In addition to qualitative goals and measures, the Gender Equality Plan and the Gender Equality Report also include key indicators such as the percentage of management positions held by women and the breakdown of compensation paid to men and women by collective wage groups. In 2024, 37% of management positions were held by women. At 56% to 44%, the ratio of male to female employees was again nearly even. Women represented 76% of part-time employees.
Rentenbank was awarded the “audit berufundfamilie certificate” in 2024, confirming the attention given to family life and life phases in the bank’s personnel policy. The certificate was awarded after a months-long audit process in which a target agreement and concrete measures were adopted with the involvement of employees and senior managers. The resolved measures include initiatives to make work schedules even more flexible, establish a meeting culture that honours work-life balance, and promote equal opportunity by introducing probationary management positions and dual management teams.
Rentenbank’s traditional Children’s Day, which teaches employees’ children about agriculture, was held in October 2024 for the first time after it was suspended due to the coronavirus pandemic. The young participants spent an entertaining day at the “Sindlinger Glückswiese” adventure farm and animal sanctuary. They were treated to a special experience with activities like a farm rally, creative activities, and fascinating insights into how to interact with animals.
The “parental leave mentorship” programme was introduced for the first time in 2024. Under this programme, colleagues who apply for maternity leave or parental leave are assigned a mentor who serves as a conversation and sparring partner on all topics related to work-life balance and acts as a link to the bank.
Inclusion
In exercising its social responsibility, Rentenbank advocates for the inclusion of disabled persons. In this respect, we adhere to the principles of the UN Convention on the Rights of Persons with Disabilities, which took effect in Germany in March 2009, and design appropriate workplaces for our employees with disabilities. We concluded an inclusion agreement, adopted an action plan, and appointed an Inclusion Officer in 2024. The inclusion rate was 2.68% in 2024.